MICHAEL McBrearty is stepping down as CEO of hub South West Scotland after eight-and-a-half years in the role.
His decision has been made to allow him to concentrate full-time on his role as MD of investments with Equitix. He will continue to serve on hub South West’s board and will remain in position until a suitable successor is in post.
McBrearty has led hub South West since its inception in 2012 and has overseen the development of over £1 billion of social infrastructure projects across Ayrshire, Lanarkshire, and Dumfries & Galloway.
Dr Willie Mackie, chair of hub South West, said, “Michael has secured a legacy for hub South West of robust financial health, together with an outstanding track record of development and delivery of award-winning projects. The team at hub South West has developed a strong forward pipeline of business which is a credit to Michael’s excellent relationship skills. I am particularly pleased he will continue to be a key member of hub South West’s board of directors.”
Michael McBrearty said, “It has been a privilege to lead hub South West since 2012 to its current pre-eminent position, and I can say in all humility that I could not have wished for a better, more dedicated and motivated team to help me do so. The sustained success of the business has been outstanding, transacting over £800 million of infrastructure and ensuring hub South West was market leading in delivering economic and local social value outcomes.
“This has been achieved by the collective effort, trust and unwavering support of my board of directors, clients, shareholders, contractors, advisers, consultants and local agencies. It is important to ensure a seamless transition to the next CEO and I am committed to supporting my successor to help hub South West continue to grow and prosper.”